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Meet immediate financial needs with a quick business loan for CA


It is said that opportunity does not knock twice. Once you fail to grab it, you may not get another chance. This simple rule applies to your business as well. Finance is essential in keeping any business going; therefore, if you miss an audit project due to a lack of funds, you could lose some revenue.

Loans are a convenient medium to arrange for immediate financial needs. Availing a business loan for CAs can help you in many ways. You can cater to a larger client base, fund your business expansion, meet cash flow needs, etc.

A business loan for Chartered Accountants is designed to cater to your personal and professional needs. Let's look into some aspects of a business loan for a CA.

Eligibility

When availing a CA loan, your credit score plays a crucial role. The better the credit score, the better are the loan offers. Apart from having a good credit score, there are other criteria you must fulfil to avail a CA loan with Bajaj Finserv. Firstly, you must have a Certificate of Practice that is active for a minimum period of four years and secondly, you or your parents should own a property in a location where Bajaj Finserv operates.

Documents

Submitting accurate and appropriate documents helps your loan application get processed immediately. When you avail a loan with Bajaj Finserv, your loan is approved with minimal documents. Along with the application form, you would need to submit the following documents:

      Certificate of Practice
      KYC document
      Bank statement
      Photograph
      Identity and address proof
Interest rate

The interest rate on any loan is a crucial factor in deciding if you want to avail a loan. The interest rates on your loan application depend upon your loan amount, credibility, chosen tenor and the lender’s credit policies. The CA loan interest rates offered by Bajaj Finserv ranges from 14-15%. Once you know your interest rate along with the loan tenor, you can determine your monthly EMI amount through the EMI calculator 

Application process

You can apply for a business loan either offline or online. Fill the application form online or download it from the Bajaj Finserv website. Enter your basic details like your name, contact details, address and date of birth. On your request, a representative would come to your doorstep to collect your documents. Once your documents are verified, your application can be processed and approved within 24 hours.

With Bajaj Finserv business loan for Chartered Accountants, you can enjoy features like instant approval and online loan access. You can avail a loan for an amount up to Rs. 35 lakh that can help finance your urgent finance requirements, recruit extra interns during the filing season, extend office premises or improve your office infrastructure through new computers and better software.

As you gradually expand your practice, you can comfortably repay the loan with a flexible tenor ranging from 12 to 60 months. Moreover, you can also opt for a flexi term loanwith an option to withdraw and repay funds as and when you need. When you have surplus funds, you can make part payments on your loan, without paying extra charges. In addition, you need not visit the lender to track your loan application; you can easily view and manage your loan account online.

Look for Bajaj Finserv pre-approved offers for personal loan, home loan, EMI finance on different products and other financial services. It helps you simplify the process of availing finance, along with saving your time.  

A facility of pre-approved offers without collateral makes the loan process faster and simple.
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